Reasons why ATRenew Inc ADR’s (NYSE:RERE) fundamentals are futile

In Wednesday’s Wall Street session, ATRenew Inc ADR (NYSE:RERE) shares traded at $3.61, down -11.08% from the previous session.

RERE stock price is now 28.92% away from the 50-day moving average and 29.84% away from the 200-day moving average. The market capitalization of the company currently stands at $476.66M.

With the price target of $20, BofA Securities recently initiated with Buy rating for ATRenew Inc ADR (NYSE: RERE). On July 14, 2021, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $20.80

During the past 12 months, ATRenew Inc ADR has had a low of $2.00 and a high of $4.35. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 2.92, and a quick ratio of 2.44. The fifty day moving average price for RERE is $2.8002 and a two-hundred day moving average price translates $2.78025 for the stock.

The latest earnings results from ATRenew Inc ADR (NYSE: RERE) was released for 2025-03-31. The net profit margin was 0.74% and return on equity was 3.45% for RERE. The company reported revenue of $641.26 million for the quarter, compared to $505.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.81 percent.

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